ASIC boss slams banks' fightback against regulation

The head of the corporate watchdog has slammed the attitude of some senior bankers who have warned against strict new regulation, in a fresh sign the sector has not taken the Hayne royal commission seriously.

Shared by SMH

March 15, 2019

share this article

ASIC chairman James Shipton said some anonymous comments by senior bankers in the press had been counterproductive and implied the regulator was on a "frolic".